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Virgin Blue to press ahead with alliances; Tiger expecting continued passenger growth

Analysis

Virgin Blue was the strongest gainer among the LCCs yesterday, gaining 4% as CEO, John Borghetti, vowed to fight regulators' decisions to deny proposed alliances with Delta Air Lines and Air New Zealand. He added that he is confident the recent preliminary rejections of its proposed alliances with Delta Air Lines and Air New Zealand would not mean the death of the alliances.

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